Local 522 Welfare Fund Of New York And New Jersey

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 226062063 ✦ Brooklyn, NY ✦ Designated as a 501(c)(9)

Overview

What is Local 522 Welfare Fund Of New York And New Jersey?

Local 522 Welfare Fund of New York and New Jersey is a nonprofit organization committed to providing health and welfare benefits to eligible participants and their dependents. Based in Brooklyn, New York (Address: 2137 Utica Ave, City: Brooklyn, State: NY, ZIP code: 11234), the fund focuses on enhancing the well-being of its members by offering essential services. The mission of the organization is two-fold: ensuring access to health benefits and addressing various welfare needs for the eligible population.


Is Local 522 Welfare Fund Of New York And New Jersey legitimate?

Local 522 Welfare Fund Of New York And New Jersey is a legitimate nonprofit organization registered as a 501(c)(9) entity. Local 522 Welfare Fund Of New York And New Jersey submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Local 522 Welfare Fund Of New York And New Jersey?
Who is the CEO of Local 522 Welfare Fund Of New York And New Jersey?
What is the revenue of Local 522 Welfare Fund Of New York And New Jersey?
Who are the executives of Local 522 Welfare Fund Of New York And New Jersey and what are their salaries?
Where can I find the form 990 for Local 522 Welfare Fund Of New York And New Jersey?

Mission Statement of Local 522 Welfare Fund Of New York And New Jersey

Local 522 Welfare Fund of New York and New Jersey is a nonprofit organization dedicated to providing health and welfare benefits to eligible participants and their dependents. This charitable entity is committed to ensuring the wellbeing of those who meet its eligibility criteria.

The mission of Local 522 Welfare Fund is simple yet profound. It aims to enhance the lives of its members by offering them essential health and welfare benefits. By doing so, it provides a safety net for individuals and families in need, granting them peace of mind and improving their overall quality of life. The organization's unwavering dedication to this cause has made it an invaluable resource within the communities it serves.

Local 522 Welfare Fund goes beyond just offering health benefits. It is a beacon of hope and support for those who require it most. Through its comprehensive approach, the organization addresses various aspects of its participants' wellbeing, ensuring they have access to the resources they need to thrive. The nonprofit's commitment to making a difference in people's lives is a testament to its enduring impact and the importance of its mission.

Impact

This information is meant to be a general summary of Local 522 Welfare Fund Of New York And New Jersey. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Local 522 Welfare Fund Of New York And New Jersey impacts the lives of its eligible participants and their dependents by providing crucial health and welfare benefits. This support helps ensure access to necessary medical care and financial assistance, enhancing the well-being and stability of the individuals and families involved. Through its mission to provide these benefits, the fund plays a significant role in improving the overall quality of life for its members, highlighting its commitment to mutual benefit and community support.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $545,262
  • Program Service Revenue: $25,654,727
  • Gross Receipts: $34,090,437

    • Assets and Liabilities:
  • Total Assets: $17,424,618
  • Total Liabilities: $4,785,045
  • Net Assets: $12,639,573
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    EMPLOYER CONTRIBUTIONS

    Revenue

    $25,546,186

    COBRA CONTRIBUTIONS

    Revenue

    $108,541

    Organization Details

    Founding Year

    1954

    Principal Officer

    James Kane

    Main Address

    2137 UTICA AVE, BROOKLYN, NY, 11234

    NTEE Category

    Code: Y40 - Mutual benefit

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